asked the Minister for Industry and Commerce the total amounts paid to date, either directly from voted moneys or from State organisations, such as Foras Tionscal, the Industrial Credit Company and Taiscí Stáit, for each of (a) grants and (b) loans for (1) the Potez aeroplane factory, (2) Verolme dockyard and (3) Dundalk Engineering Works.
Ceisteanna—Questions. Oral Answers. - Payments to Industries.
69.
As the reply is in the form of a tabular statement, I propose with your permission, a Cheann Comhairle, to circulate it with the Official Report.
Following is the statement:
MONIES have been paid to the firms in question as follows:—
|
Firm |
Grants from An Foras Tionscal |
Loans from I.C.C. Ltd. |
Share capital invested by |
Voted Monies |
|
|
Taisce Stáit Teo. |
I.C.C. Ltd. |
||||
|
£ |
£ |
£ |
£ |
£ |
|
|
Potez Aeroplane factory |
|||||
|
Potez Aerospace Ltd. (1). |
335,000 |
Nil |
Nil |
Nil |
Nil |
|
Aviation Development Ltd. (2). |
Nil |
Nil |
448,000 |
Nil |
Nil |
|
Verolme Cork Dockyard Ltd. |
401,332 |
1,850,000 (of which £402,786 has been repaid) |
Nil |
Nil |
710,000 |
|
Dundalk Engineering Works. |
Nil |
2,115,559 |
Nil |
499,498 (3) |
Nil |
(1) Manufacturing Company owned by the Potez interests.
(2) Development company jointly owned by the Government and the Potez interests.
(3) Share capital held in Industrial Engineering Co. Ltd.